Invesco Financial Preferred ETF (NYSEARCA:PGF) Shares Purchased by Sterneck Capital Management LLC

Sterneck Capital Management LLC lifted its holdings in Invesco Financial Preferred ETF (NYSEARCA:PGF) by 27.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 117,173 shares of the exchange traded fund’s stock after purchasing an additional 24,928 shares during the quarter. Invesco Financial Preferred ETF comprises about 0.9% of Sterneck Capital Management LLC’s holdings, making the stock its 26th biggest position. Sterneck Capital Management LLC’s holdings in Invesco Financial Preferred ETF were worth $1,705,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Commonwealth Equity Services LLC lifted its holdings in Invesco Financial Preferred ETF by 1.6% during the second quarter. Commonwealth Equity Services LLC now owns 111,953 shares of the exchange traded fund’s stock valued at $1,649,000 after purchasing an additional 1,751 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of Invesco Financial Preferred ETF during the 2nd quarter worth about $52,000. Citizens Financial Group Inc. RI purchased a new position in Invesco Financial Preferred ETF in the 2nd quarter valued at about $345,000. Sanctuary Advisors LLC acquired a new stake in Invesco Financial Preferred ETF in the 2nd quarter worth about $1,346,000. Finally, Cim LLC increased its stake in Invesco Financial Preferred ETF by 2.6% during the 2nd quarter. Cim LLC now owns 406,390 shares of the exchange traded fund’s stock worth $6,279,000 after buying an additional 10,263 shares in the last quarter.

Invesco Financial Preferred ETF Price Performance

Shares of Invesco Financial Preferred ETF stock opened at $14.71 on Wednesday. The business has a 50 day simple moving average of $15.00 and a two-hundred day simple moving average of $15.17. Invesco Financial Preferred ETF has a 12 month low of $14.35 and a 12 month high of $15.95.

Invesco Financial Preferred ETF Profile

PowerShares Financial Preferred Portfolio (the Fund) is a non-diversified fund. The Fund is based on the Wells Fargo Hybrid and Preferred Financial Index (WHPSF Financial Index) (the Index). The Index tracks the performance of the United States-listed securities issued by financial institutions. The Index is rebalanced monthly.